Search For "income tax"
95 per cent 'ICE' cases against Opposition party leaders: Supriya Sule cit
Updated : 2 years, 5 months ago IST
"I am going by data and data always speaks for itself. In the Parliament, there was a reply given by the Government of India, that 95 per cent of cases of ICE meaning Income Tax, CBI and ED are on people who are in the Opposition parties. This is not something that I am making an allegati
Read More
Delhi HC sets aside CIC's order to provide RTI information of tax exemptio
Updated : 2 years, 5 months ago IST
The Delhi High Court on Monday set aside the Central Information Commission's (CIC's) direction to the Income Tax Department to provide RTI information and copies related to income tax exemption allowed to the PM Cares Fund.
Read More
'Stock Guru' scam: Delhi HC discharges senior I-T official Mittal from cor
Updated : 2 years, 5 months ago IST
It was alleged that he accused Ullhas Prabhakar at the instance of the petitioner delivered Rs 5 crores on February 2, 2011 to an address in Lajpat Nagar and also paid a second instalment of Rs 10 crores on February 8, 2011, at the same place.
Read More
Income tax benefits granted to 2,975 recognised startups: DPIIT
Updated : 2 years, 5 months ago IST
DPIIT Joint Secretary Sanjiv highlighted that after benefiting from income tax exemptions, the growth in startups, rose from 1,100 in March 2023 to 2,975 by the year-end.
Read More
Major personal income tax relief: Finance act 2023 amends section 87a, no
Updated : 2 years, 5 months ago IST
Ministry of Finance posted on X, "Benefits in Personal Income Tax! Vide Finance Act, 2023, Section 87A of the Income-tax Act, 1961 has been amended to allow rebate to tax resulting in no tax liability to persons having income up to Rs. 7 lakh. (1/5) #PromisesDelivered"
Read More
Income Tax dept searches premises of electrical items manufacturer in Mumb
Updated : 2 years, 5 months ago IST
The Income Tax department initiated search and seizure operations in the case of a group engaged in the manufacturing of wires, cables and other electrical items on December 22, 2023, the agency said in a statement on Wednesday.
Read More
West Bengal: Suvendu Adhikari seeks probe into Abhishek Banerjee's pension
Updated : 2 years, 6 months ago IST
A day after Trinamool Congress (TMC) General Secretary Abhishek Banerjee launched an old-age pension scheme for senior citizens in his Diamond Harbour constituency, Leader of Opposition Suvendu Adhikari wrote a letter to the Principal Director General of Income Tax, urging an investigation i
Read More
Indian tax payers migrating to higher range of total gross income: SBI Res
Updated : 2 years, 6 months ago IST
The income tax returns filed by individual taxpayers in India earning between Rs 5 lakh and Rs 10 lakh climbed by 295 per cent in the assessment years 2013-14 and 2021-22, showing a positive trend of migration to a higher range of gross total income, according to a report by SBI Research.
Read More
Odisha launches third phase of Biju Swasthya Kalyan Yojana
Updated : 2 years, 6 months ago IST
"We are now launching the third phase of BSKY, where all left out families of rural areas of our State will be assured of cashless care in private hospitals, for critical ailments. In this phase of expansion, all rural families of Odisha (except regular government employees and income tax pa
Read More
Congress questions Goa CM Sawant's 'silence' on Income Tax raids against T
Updated : 2 years, 6 months ago IST
Congress leader Girish Chodankar questioned the silence of Goa Chief Minister Pramod Sawant on Income Tax raids against a member of the Town and Country Planning Board along with an IAS officer posted in Goa.
Read More
"It has become a routine now...": Tejaswi Yadav on fresh ED summons in lan
Updated : 2 years, 6 months ago IST
"I have been going since always; it's a routine. I went earlier as well. From 2017 to 2023, I have been going regularly whenever ED, Income Tax or CBI called me. What would these agencies do? They are also pressurised," Yadav told reporters.
Read More
Centre bulldozing federal structure: Mamata Banerjee in Delhi
Updated : 2 years, 6 months ago IST
West Bengal Chief Minister Mamata Banerjee accused the Centre of "bulldozing the federal structure" and alleged that when Opposition raises questions, they either get expelled or raids are conducted on them.
Read More